Sense Bank, used to be owned by Russian oligarchs, is now controlled by Ukraine and will operate as usual. The relevant statement was made by Ukrainian President Volodymyr Zelensky in his video address. “Today, the procedure regarding one of the systemic banks, which belonged to Russian oligarchs, ended. Now, it has public management. The rights…
The National Bank of Ukraine (NBU) sold $446.76 million on the interbank foreign exchange market over the past week. These are the results of currency interventions published on the central bank’s website. Between June 12 and June 16, the National Bank sold $446.76 million and purchased $10.94 million on the interbank foreign exchange market. Since…
A June 15 ruling by the Court of Justice of the European Union (CJEU) on foreign-currency-denominated mortgages, which favoured consumers, came as no surprise and the Polish banking sector was prepared for it, a deputy finance minister said. The CJEU ruling said that consumers could demand compensation from banks beyond the reimbursement of monthly installments…
The National Bank of Ukraine (NBU) sold $468.95 million on the interbank foreign exchange market over the past week. These are the results of currency interventions published on the central bank’s website. Between May 29 and June 2, the National Bank sold $468.95 million and purchased $11.93 million on the interbank foreign exchange market. Since…
The National Bank of Ukraine (NBU) sold $552.2 million on the interbank foreign exchange market over the past week. These are the results of currency interventions published on the central bank’s website. Between May 8 and May 12, the National Bank sold $552.2 million and purchased $16.47 million on the interbank foreign exchange market. Since…
In January-March, compared to the same period last year, the amount of cash in Ukrainian banks increased by 22.6% YoY and cash withdrawals – by 3.7%. The press service of the National Bank of Ukraine (NBU) reported this on Telegram. In the first quarter of 2023, the amount of cash in banks reached UAH 601.2…
Polish banks look set to tighten the lending criteria for all types of loans in the second quarter, according to a central bank survey of the heads of banks’ loan committees. The biggest tightening could hit consumer loans due to an expected deterioration in economic conditions, and an increase in the share of non-performing loans…